Brussels, 25/07/2012 (Agence Europe) - On 25 July, the European Commission approved until 31 December 2012 a new Spanish scheme aimed at strengthening the capital basis of banks under EU state aid rules. The Commission found the scheme to be in line with its rules on state support to banks during the crisis “because it is limited in time and scope and contains exit incentives”. The Commission adds that the distortive effect of the recapitalisations will be minimised by adequate...